Inflation remains above the target ceiling in November
Published on Friday, December 5, 2014
Inflation remains above the target ceiling in November
Summary
Annual inflation declined to 6.56% in November, from 6.59% and 6.75% in, respectively, October and September. We expect it to ease to 6.3% in December, favored by positive base effects. Anyway, pressure from administered prices and the exchange rate depreciation should leave no much room for a more significant inflation deceleration over 2015.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Documents and files
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